Sainsbury's Bank has cut its personal loan rate. Effective immediately, online applications for loans of £7,000 or more (up to £25,000) will be cut to 6.5% APR typical from 6.9% APR typical. This is a limited offer.

In addition, customers taking out a Sainsbury's Bank personal loan can now choose to make no repayments until around Easter (for the first three months). And they'll receive an instant decision and have their cheque delivered to their door within 24 hours.